$486.79M
Revenue
$-1.01B
Net Income
60.24%
Gross Margin
-210.74%
Op. Margin
$41.78M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
|---|---|---|---|
| Total Revenue | $486.79M | $486.79M | $284.90M |
| Revenue Growth % | 0.0% | 70.9% | nan% |
| Cost of Revenue | $193.53M | $193.53M | $107.26M |
| Gross Profit | $293.26M | $293.26M | $177.64M |
| Gross Margin % | 60.2% | 60.2% | 62.4% |
| Operating Expenses | $1.32B | $1.32B | $296.75M |
| Research & Development | $10.84M | $10.84M | $11.42M |
| Operating Income | $-1.03B | $-1.03B | $-119.11M |
| Operating Margin % | -210.7% | -210.7% | -41.8% |
| Interest Income | $936.00K | $936.00K | $4.14M |
| Other Income/Expense | $-7.53M | $-7.53M | $3.31M |
| Income Before Tax | $-1.04B | $-1.04B | $-129.40M |
| Income Tax Expense | $-33.42M | $-33.42M | $-12.54M |
| Net Income | $-1.01B | $-1.01B | $-116.86M |
| Net Margin % | -207.1% | -207.1% | -41.0% |
| Basic EPS | nan | -14.06 | -2.65 |
| Diluted EPS | nan | -14.06 | -2.65 |
| Basic Shares Outstanding | 156K | 71.7M | 44.1M |
| Diluted Shares Outstanding | 156K | 71.7M | 44.1M |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
|---|---|---|
| Cash & Cash Equivalents | $40.63M | $275.98M |
| Short-term Investments | - | $77.70M |
| Accounts Receivable | $83.82M | $79.04M |
| Other Current Assets | $15.59M | $13.55M |
| Total Current Assets | $155.38M | $455.62M |
| Property Plant & Equipment | $2.30M | $4.62M |
| Goodwill | $45.55M | $973.40M |
| Intangible Assets | $725.52M | $808.73M |
| Other Non-current Assets | $2.01M | $3.12M |
| Total Assets | $937.31M | $2.27B |
| Deferred Revenue | $50.53M | $44.83M |
| Total Current Liabilities | $126.62M | $535.26M |
| Deferred Tax Liabilities | $100.66M | $139.36M |
| Other Non-current Liabilities | $6.01M | $4.91M |
| Total Liabilities | $342.69M | $694.63M |
| Common Stock | $72.00K | $71.00K |
| Retained Earnings | $-1.08B | $-75.94M |
| Total Stockholders Equity | $594.62M | $1.57B |
| Total Liabilities & Equity | $937.31M | $2.27B |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
|---|---|---|---|
| Net Income | $-1.01B | $-1.01B | $-116.86M |
| Stock-based Compensation | $31.21M | $19.13M | $2.40M |
| Deferred Income Tax | - | $-41.13M | $-16.31M |
| Change in Receivables | $-9.32M | $3.70M | $2.82M |
| Operating Cash Flow | $42.28M | $16.34M | $-64.85M |
| Capital Expenditure | $498.00K | $387.00K | $420.00K |
| Acquisitions | - | $1.35M | $72.31M |
| Purchases of Investments | $873.00K | $291.00K | $289.00K |
| Investing Cash Flow | $198.16M | $58.13M | $-79.36M |
| Debt Repayment | $1.25B | $417.03M | - |
| Financing Cash Flow | $-890.07M | $-311.01M | $409.63M |
| Net Change in Cash | $-646.93M | $-235.36M | $265.19M |
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing
Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $122.29M | - | $346.12M | - |
| Cost of Revenue | $47.35M | - | $142.67M | - |
| Gross Profit | $74.94M | - | $203.44M | - |
| Operating Expenses | $182.79M | - | $1.21B | - |
| Research & Development | $2.89M | - | $8.28M | - |
| Operating Income | $-107.85M | - | $-1.01B | - |
| Interest Income | $26.00K | - | $914.00K | - |
| Other Income/Expense | $525.00K | - | $-7.79M | - |
| Income Before Tax | $-109.74M | - | $-1.02B | - |
| Income Tax Expense | $-32.96M | - | $-26.16M | - |
| Net Income | $-76.78M | $-40.20M | $-998.83M | - |
| Basic EPS | -1.07 | - | -13.96 | - |
| Diluted EPS | -1.07 | - | -13.96 | - |
| Basic Shares Outstanding | $71.76M | - | $71.57M | - |
| Diluted Shares Outstanding | $71.76M | - | $71.57M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $46.30M | $275.98M |
| Short-term Investments | - | $77.70M |
| Accounts Receivable | $82.33M | $79.04M |
| Other Current Assets | $14.69M | $13.55M |
| Total Current Assets | $161.85M | $455.62M |
| Property Plant & Equipment | $3.29M | $4.62M |
| Goodwill | $55.44M | $973.40M |
| Intangible Assets | $746.52M | $808.73M |
| Other Non-current Assets | $2.14M | $3.12M |
| Total Assets | $987.42M | $2.27B |
| Deferred Revenue | $66.83M | $44.83M |
| Total Current Liabilities | $143.26M | $535.26M |
| Deferred Tax Liabilities | $108.46M | $139.36M |
| Other Non-current Liabilities | $6.31M | $4.91M |
| Total Liabilities | $389.49M | $694.63M |
| Common Stock | $72.00K | $71.00K |
| Retained Earnings | $-1.07B | $-75.94M |
| Total Stockholders Equity | $597.93M | $1.57B |
| Total Liabilities & Equity | $987.42M | $2.27B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-76.78M | $-40.20M | $-998.83M | - |
| Stock-based Compensation | - | - | $15.72M | - |
| Change in Receivables | - | - | $2.64M | - |
| Operating Cash Flow | - | - | $4.58M | - |
| Capital Expenditure | - | - | $212.00K | - |
| Acquisitions | - | - | $1.35M | - |
| Purchases of Investments | - | - | $291.00K | - |
| Investing Cash Flow | - | - | $62.59M | - |
| Debt Repayment | - | - | $417.03M | - |
| Stock Issued | - | - | $1.00K | - |
| Financing Cash Flow | - | - | $-297.66M | - |
| Net Change in Cash | - | - | $-229.68M | - |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.